Obama’s second Inaugural funded by big corporate donors; less transparent

Four years ago, President Obama banned corporate and union donations from funding his first Inauguration. Not this time.

This time, the man who railed on how Citizens United would “open the floodgates for special interests” by allowing unlimited contributions from corporations and “America’s most powerful interests” ….is accepting unlimited donations to his inaugural committee from corporations. So far 20 corporations and nine unions have dropped cash on the shindig says The Hill.

Not only are the doors wide open, but the curtains are shut — from transparency, that is. Four years ago, Team Obama listed all its inaugural donors AND the amount they coughed up in a searchable database.

Four years ago, inaugural contributions were capped at $50,000. This time? Oh, don’t stop. Please don’t stop. The Presidential Inaugural Committee was offering packages for between $10,000 and $1 million — check out the invites here.

Here’s Obama railing on Citizens United during 2010. Go to about the 2:15 minute mark in the speech for the reference: